fair market value
noun
: a price at which buyers and sellers with a reasonable knowledge of pertinent facts and not acting under any compulsion are willing to do business
Examples of fair market value in a Sentence
Recent Examples on the Web
However, the sale to a sister company is still being assessed by the Premier League from a fair market value standpoint.
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Meg Linehan, New York Times, 8 Apr. 2025
While sellers and brokers often lean on gut instinct informed by recent comparable sales, appraisers operate with a structured methodology to determine fair market value for their clients.
—John Walkup, Forbes, 6 Mar. 2025
RMDs are determined by dividing the retirement account's prior year-end fair market value by a life expectancy factor published by the IRS.
—Mark Davis, Newsweek, 14 Mar. 2025
State law mandates that the wildlife agency compensate ranchers for the fair market value of livestock and guard animals killed by wolves, up to $15,000.
—Elise Schmelzer, The Denver Post, 6 Mar. 2025
See All Example Sentences for fair market value
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Meg Linehan, New York Times, 8 Apr. 2025
While sellers and brokers often lean on gut instinct informed by recent comparable sales, appraisers operate with a structured methodology to determine fair market value for their clients.
—John Walkup, Forbes, 6 Mar. 2025
RMDs are determined by dividing the retirement account's prior year-end fair market value by a life expectancy factor published by the IRS.
—Mark Davis, Newsweek, 14 Mar. 2025
State law mandates that the wildlife agency compensate ranchers for the fair market value of livestock and guard animals killed by wolves, up to $15,000.
—Elise Schmelzer, The Denver Post, 6 Mar. 2025
See All Example Sentences for fair market value
Cite this Entry
“Fair market value.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/fair%20market%20value. Accessed 21 Apr. 2025.
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